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due diligence process


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A brief encounter with some legal processes, and a dubious process

GRC 360˚, Fall 2007 at 6, has a sidebar that briefly lists ten of the many processes its publishers maintain are involved in governance, risk and compliance (GRC). One of the ten is “Legal.” All that the sidebar says is...

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Circuit City Comments on Status of Strategic Alternatives Process

RICHMOND, Va., July 1 /PRNewswire-FirstCall/ -- Circuit City Stores, Inc. (NYSE: ) today reiterated that its previously announced exploration of strategic alternatives to enhance shareholder value is an active and ongoing process. The company also commented on the announcement by Blockbuster Inc. (NYSE: ) that having completed its initial due diligence, Blockbuster has withdrawn its proposal to acquire...

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Selling a Business - Get a Letter of Intent Prior to Due Diligence

A common mistake made by business sellers is to agree to the buyer performing due diligence before a letter of intent is executed. Why would a business owner agree to this difficult and disruptive process without having a clear picture of his eventual financial outcome if everything checks out? Below is a sample letter of intent.

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SEC Proposes Comprehensive Reforms to Bring Increased Transparency to Credit Rating Process

News release: "The Securities and Exchange Commission today voted to formally propose a comprehensive series of credit rating agency reforms...

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Essential Needs for Companies Exporting from the U.S.: An Export Compliance Program and Due Diligence—BIS and Others Are Watching

In today’s rapidly expanding global economy, we are witness to an international arena that has no bounds, yet is tempered by concerns for national security. As businesses streamline their processes and develop innovative ways to tap new markets, having an export compliance program is not only important, but necessary. Senior level management and executives need to [...]

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Why Hasbro won't buy Scrabulous: because it's cheaper to sue it

You may wonder why Hasbro isn't acquiring the fantastically successful Scrabulous game for Facebook. That might actually be its aim..

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A Better Due Diligence Process, Conclusion [DueDiligenceGuru]

A Better Due diligence process, Conclusion A corporate due diligence system and strategy will help improve financial performance, strengthen competitive positions, expand organizations more effectively, preserve human performance and develop internal know-how. With these improvements, companies are better able to grow through mergers and acquisitions, spin-offs, and alliances. A corporate due diligence...

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TIC: PPM and the Sponsor and Other Information

There are many questions that the average person has regarding TIC investments, and it is really no wonder as they can get to be quite complex. Issues such as TIC: PPM and the sponsor and the potential advantages and risks of TICs are especially common, and should be understood in full by any potential investor before they decide to go through with it.

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Good Life China Corp (GLCC) Explores Merger

BEIJING, China, July 23 /PRNewswire-FirstCall/ - Pink Sheets :GLCC The company today announced that it is proceeding further with its exploration of a planned merger with a China based meat processing plant. Mr. Yang, a company spokesperson, said "This is a substantial company with over 40,000 herds. They have assets of approximately 10 million USD, very few liabilities and a bottom line of 2.5...

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Good Deals are Possible Even in a Tough Market, Says KPMG Study

While a softening economy, impatient investors, and tough financing terms imposed by banks will continue to pose challenges in the mergers and acquisitions (M&A) market, a new study from audit, tax and advisory firm KPMG LLP identified five common practices that differentiate the leading corporate deal-making teams from others.

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Quantix win Oracle Support Contract with First Bank of Nigeria (FBN Bank of UK Ltd)

Quantix Ltd, a leading Oracle Support & Managed Services specialist, announces a contract win with FBN Bank Ltd. FBN Bank’s core business application, Flexcube, (now owned by Oracle Corporation) ... read more

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Ranbaxy CEO Blames Rivals For ‘Creating Confusion’

Malvinder Singh is scrambling to play damage control over the US investigation into charges the generic drugmaker covered up a scheme to sell potentially adulterated meds, including AIDS pills. The news raised doubts about Daiichi Sankyo’s proposed $4.6 billion purchase of the Indian company, battering its stock. But Singh maintains the investigation was disclosed to Daiichi [...]

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MonArc Corp (MONA) INNOTREK China Corp Merger

BEIJING, July 15 /PRNewswire-FirstCall/ - MonArc Corporation 6:30 AM EST, (Pink Sheets: MONA). The issuer has began a formal due diligence process of the reverse takeover of a Chinese Based broadband ISP provider on an all cash basis. Beijing Innotrek Technology CO, Ltd is a high technology company offering broadband technology according to requirements of ISO 9000 with proprietary technologies to...

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PA Governor Rendell Comments on Majestic Star Agreement

HARRISBURG, Pa., July 16 /PRNewswire-USNewswire/ -- Governor Edward G. Rendell today reacted to news that Don Barden has entered into an agreement with Wall Street Capital and High Pitt Gaming to invest $120 million in the Majestic Star Casino project: "It's welcome news that Don Barden has found partners who will add financial stability to this important economic development project for Pittsburgh's...

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Andrews International and TranSecur Form Strategic Alliance

Leading Private Security Firms Combine Resources to Add Value to Client Services LOS ANGELES, July 15 /PRNewswire-USNewswire/ -- Andrews International, a full service provider of security and risk mitigation services, and TranSecur, America's oldest continually operating global security information provider, have announced the formation of a strategic alliance to provide more comprehensive security...